Short Interest in Tungray Technologies Inc. (NASDAQ:TRSG) Grows By 2,640.0%

Tungray Technologies Inc. (NASDAQ:TRSG) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 41,100 shares, an increase of 2,640.0% from the March 15th total of 1,500 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 64,900 shares, the days-to-cover ratio is currently 0.6 days.

Tungray Technologies Stock Performance

TRSG stock opened at $1.59 on Tuesday. The firm has a 50 day moving average of $1.75 and a 200-day moving average of $2.14. Tungray Technologies has a 12 month low of $1.00 and a 12 month high of $11.78.

About Tungray Technologies

Tungray Technologies Inc, through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works.